The Securities and Exchange Board of India (SEBI) board is scheduled to meet today, where it is expected to discuss a range of measures, including stricter norms for Futures & Options (F&O) trading, the introduction of a "New Asset Class," and mutual fund lite regulations. In anticipation of these potential measures, the benchmark indices, the Sensex and the Nifty, have each fallen by over 1 percent ahead of the meeting.

SEBI Board Meeting: Key Regulations Under Discussion and Why Markets Are Uneasy

The rupee appreciated by 19 paise to 70.98 against the US dollar in opening trade Monday, driven by the weakening of the greenback in overseas markets and easing crude prices.

The<a href="http://www.wionews.com/business-economy/rupee-rises-10-paise-against-us-dollar-in-early-trade-192624"> rupee opened</a> strong at 70.99 at the interbank forex market then gained further ground and touched 70.98 amid easing crude prices, displaying gains of 19 paise against the greenback over its last close.

 
The rupee Friday weakened by 10 paise to close at 71.17 against the US dollar.

Forex dealers said, easing crude oil prices and selling of the American currency by exporters supported the rupee, while a lower opening in the domestic equity market restricted the uptrend.

Brent crude, the global benchmark, was trading lower at per 61.36 barrel lower by 0.45 per cent.

Meanwhile, the benchmark BSE Sensex was trading lower by 180.02 points, or 0.50 per cent to quote at 35,845.52 while the NSE Nifty was trading at 10,719.85, down 60.70 points, or 0.56 per cent.

Forex traders said, fresh foreign fund inflows also supported the rupee up move.

Foreign funds purchased shares worth Rs 689.28 crore from the capital markets on a net basis, while domestic institutional investors sold shares worth Rs 147.35 crore Friday, provisional data showed.

The rupee appreciated by 19 paise to 70.98 against the US dollar in opening trade Monday, driven by the weakening of the greenback in overseas markets and easing crude prices.

The rupee appreciated by 19 paise to 70.98 against the US dollar in opening trade Monday, driven by the weakening of the greenback in overseas markets and easing crude prices. The rupee opened strong at 70.99 at the interbank forex market then gained further ground and touched 70.98 amid easing crude prices, displaying gains of 19 paise against the greenback over its last close. The rupee Friday weakened by 10 paise to close at 71.17 against the US dollar. Forex dealers said, easing crude oil prices and selling of the American currency by exporters supported the rupee, while a lower opening in the domestic equity market restricted the uptrend. Brent crude, the global benchmark, was trading lower at per 61.36 barrel lower by 0.45 per cent. Meanwhile, the benchmark BSE Sensex was trading lower by 180.02 points, or 0.50 per cent to quote at 35,845.52 while the NSE Nifty was trading at 10,719.85, down 60.70 points, or 0.56 per cent. Forex traders said, fresh foreign fund inflows also supported the rupee up move. Foreign funds purchased shares worth Rs 689.28 crore from the capital markets on a net basis, while domestic institutional investors sold shares worth Rs 147.35 crore Friday, provisional data showed.

Rupee opens 19 paise higher at 70.98 against US dollar

Market benchmark Sensex surged 301 points to close at 33,250.30 today on unabated buying by domestic institutional investors amid positive global leads.&nbsp;The wider NSE Nifty too went past the 10,250-level.&nbsp;

The 30-share BSE Sensex opened on a strong footing at 33,034.20 and maintained its upward trend to hit the day&#39;s high of 33,285.68 before ending at 33,250.30, up 301.09 points, or 0.91 per cent.&nbsp;The index had rallied 352.03 points in the previous session on value-buying by investors in recently-battered blue-chip stocks.

The Nifty finished the day at 10,265.65, a hefty gain of 98.95 points, or 0.97 per cent, after shuttling between 10,270.85 and 10,195.25.&nbsp;

On a weekly basis, the Sensex gained 417.36 points, or 1.27 per cent, while the Nifty advanced 143.85 points or 1.42 per cent.

Most Asian and European markets rallied as investors awaited major economic data from China and the US amid overnight gains at Wall Street following reports that President Donald Trump is planning to unveil a big-spending public works plan.

Most Asian and European markets rallied as investors awaited major economic data from China and the US

Market benchmark Sensex surged 301 points to close at 33,250.30 today on unabated buying by domestic institutional investors amid positive global leads. The wider NSE Nifty too went past the 10,250-level. The 30-share BSE Sensex opened on a strong footing at 33,034.20 and maintained its upward trend to hit the day's high of 33,285.68 before ending at 33,250.30, up 301.09 points, or 0.91 per cent. The index had rallied 352.03 points in the previous session on value-buying by investors in recently-battered blue-chip stocks. The Nifty finished the day at 10,265.65, a hefty gain of 98.95 points, or 0.97 per cent, after shuttling between 10,270.85 and 10,195.25. On a weekly basis, the Sensex gained 417.36 points, or 1.27 per cent, while the Nifty advanced 143.85 points or 1.42 per cent. Most Asian and European markets rallied as investors awaited major economic data from China and the US amid overnight gains at Wall Street following reports that President Donald Trump is planning to unveil a big-spending public works plan.

Sensex soars 301 pts, reclaims 33,000-mark

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